Dabur Q2 Results: Dabur India’s consolidated net profit fell 17% to Rs 425 crore for the quarter ending September 2024, with revenue dropping 5% to Rs 3,029 crore. The company also announced an interim dividend of Rs 2.75 per share. The shift towards quick commerce impacted traditional sales channels. Dabur remains confident about future growth and recovery in demand.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed